Global Meat Market Snapshot - August 2025

- Beef: Global beef prices are expected to remain high in the near term , driven by limited supply and robust demand. While prices in the United States ( US ) and the European Union ( EU ) remain stable amid declining cattle herds, Brazil faces a downside risk due to the 50% US tariff. However, Australia is likely to benefit from the tariff change, strengthening its position in the US market.

- Poultry: US chicken exports are expected to strengthen thanks to robust global demand and increased access to the Chinese market following the approval of 83 processing plants on May 25, which will help maintain stable prices. Brazil's return to highly pathogenic avian influenza (HPAI)-free status is expected to support a recovery in exports as restrictions are lifted. Meanwhile, EU prices may face short-term pressure due to the outbreak in Spain, but will remain stable year-on-year due to strong demand.

- Pork: US pork export prices are expected to remain stable due to strong demand in Latin America, despite tariff challenges from China . Brazil is set to maintain strong export momentum, particularly to the Philippines, while the EU market faces low prices due to rising supplies, declining exports, and rising imports.

- Lamb: Export prices for lamb from New Zealand and Australia are expected to remain high in the coming months, driven by strong global demand and limited domestic supply.